€ 635 000

€ 7 299 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Paphos, Cyprus No. 53039

Bedrooms

Bathrooms

87 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan apartment situated on the second floor of a four-story building with elevator access. Offering a total internal space of 87 m², this stylish home features two spacious bedrooms and two contemporary bathrooms. The apartment is designed with energy efficiency class A in mind, ensuring comfort through a central AC system and excellent insulation. Buyers have the option to purchase the property furnished for added convenience.

The gated complex is equipped with amenities aimed at easy living, including 3 communal swimming pools, including an adult only zone, spa and wellness centre, restaurant, mini market, offices and business facilities, mini market and a well-equipped gym for residents. Safety and privacy come as standard, making this an ideal choice for families, couples, or investors.

Located in the sought-after area of Tombs Of The Kings, the apartment is close to a wide range of amenities such as shops, cafes, restaurants, and cultural attractions. The neighborhood is known for its vibrant atmosphere, historical landmarks, and beautiful coastline, offering a blend of leisure and convenience.

This property, built in 2030, is advertised by Purple International Real Estate. Contact us today to learn more about this exceptional opportunity in one of the most desirable locations.